YEARLY HIGH
0.0377 HKD
YEARLY LOW
0.0218 HKD
YEARLY AVERAGE
0.0221 HKD

2018 MRO to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0377. Conversely, the yearly low was recorded on September 21, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0158 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0219, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0377 was up 70.17% compared to the 2017 peak of 0.0221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 188 HKD
2017 Average 108 HKD
Yearly Trough Low 109 HKD
Transaction Impact: A difference of 79.14 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0231
0.0218
JanuMarcMayJulySeptNove

MRO to HKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0220, compared to 0.0221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0158 HKD (High: 0.0377 / Low: 0.0219). On the other end, November was the most stable month, with a tight range of 0.0000 HKD (High: 0.0220 / Low: 0.0219).

October Spread (Volatile) ±0.0158
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0230) against the same month in 2017 (average: 0.0216), the exchange rate shifted by +0.0013 (+6.24%).

2018 Avg (October) 0.0230
2017 Avg (October) 0.0216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0220 0.0220
February 0.0220 0.0220 0.0220
March 0.0221 0.0220 0.0220
April 0.0222 0.0220 0.0221
May 0.0221 0.0220 0.0221
June 0.0221 0.0220 0.0221
July 0.0221 0.0220 0.0220
August 0.0221 0.0220 0.0220
September 0.0220 0.0218 0.0219
October 0.0377 0.0219 0.0230
November 0.0220 0.0219 0.0219
December 0.0219 0.0219 0.0219